Fenwick represented Nanit, a technology company behind an advanced smart monitoring system that connects parents to their baby's health and well-being, in its $25 million Series C financing led by new investor GV (formerly Google Ventures). Existing investors Jerusalem Venture Partners , Upfront Ventures, RRE Ventures and Rho Capital Partners also participated in the round, which brings the company's total capital raised to $75 million.
Funds from the round will enable Nanit to meet global customer demand by investing in infrastructure and staffing as well as R&D to create more innovative products, services and in-app features that build upon Nanit's core technology and insights. More information can be obtained from Nanit’s announcement.
The Fenwick transaction team was led by corporate partner Kristine Di Bacco and included associates Eugene Karlik and Christian Olano.